Bitcoin Gold .. The new version of e-currency in October
2017-10-09 07:53 pm | No Views : 641
Everyone knows Bitcoin split last time, resulting in Bitcoin Cash, which carried the BCC code. Of course, all BTC got its equivalent in BCC is not the dollar amount but the currency itself, our talk today is not about BCC but about BTG Bitcoin Gold, which talks about the news in the coming days, whether it is just a rumor or talk only or real It is very important for those who deal with the whole house.
The developers of the currency split into e-currency in early August 2017, in the issuance of the currency of the currency Cash, they are now working on a new currency from the family of Bettquin under the name of Petcin Gold, is scheduled to be revealed On 25 October this year.
Bitcoin uses an gold algorithm called "EquiHash Mining", an ASIC resistance, which means that it is designed to offer the most effective methods in the mining process.
This algorithm makes bitcoin gold, more like the currency of the Ethereum and many other electronic currencies. The most prominent of the uses of this algorithm is the Z-CASH currency, which has trading pairs for the US dollar on many platforms including the Polonix and the Beatrix.
The project was first created on Bitcointalk.org in July created by Jack Liao, founder of Lightning ASIC a mining company based in Hong Kong and an anonymous developer named "h4x3". It aims at a multithreaded protocol to change the keystone compatibility algorithm allowing users to mining using the CPU reverse BTC and BCC. According to the development team, Betcuen Gold will use the Equihash algorithm used by ZCash instead of the SHA256 of the original Betcuen.
Of course, when the situation occurs, the BTG will be distributed in the amount that each one owns in most platforms and portfolios. This procedure was done in the last Fork, where the BCC has been distributed to all even by sites that have taps as freebitcoin. This is important here. If this happens and there is not much left on this and below you will find links to the subject and to deepen the subject more and also to find the latest developments on this matter.
Despite the talk about Hard Fork and the prospect of having 4 versions of the Petcavin by the end of the year, the value of the homeowners certainly did not back down any stretch of imagination, sitting above $ 4,300 levels even with China's decision to stop the Betcuen exchange and ban the country offices doing little to stop the appetizer booth.
The recovery within a couple of weeks was a brilliant one, and if there were any suggestions that the Pitcairn is a bubble ready to burst, the same recovery and market ability to overlook China's interventions demonstrates quite the contrary, Bitcoin investors in China are finding alternative ways to trade.
It also appears that the decision by South Korea's FSA to block funds raised through virtual currencies does little to recover from PeteCwin, fueled by an increase in appetite from Japan, after the Japanese government approved 11 exchanges of cryptocene operations, with Japan now Becoming the largest trading center of KFH.
And we expect that this month's Hurd Fork will have a limited impact on the value of KFH. While KFH has recovered from the initial slide after the solid fork in the summer, the prices of the Golden Betcine remain, but will boil down to the number of different versions of the market. And whether the intentions of the Betcuen gold are real.
While there are some concerns about the properties of gold Betcuen, its website lacks details, the thorn intention of the centralized central mining industry through the use of GPUs is one that can be greatly supported. After all, the spirit of Bitcoin and Cryptocernesis, in general, is decentralization.
H4x3, the main developer of unknown Bitcoin gold, said that the purpose of the Gold Fork Betcuin is to encapsulate one CPU vision of one CPU voice, with the current mining dominance unacceptable to anyone who understands the importance of decentralization to Bitquin.
H4x3 added that the gold petcin can be simply seen as a duplicate of the Petachino Protocol and a currency distribution that could serve as a backup plan in the event of destruction of the original mining network.
Interestingly, H4x3 thought that there was a great deal of support for Bitcoin gold although there was no significant marketing. There is an expectation that the etherium miners may, in fact, convert GPUs to the Petchemin gold pool before the ethium-planned transformation from the manual to the work to a new and less popular manual of the state system. If it turns out to be true, the gold Betcuene is likely to exceed bitcoin cash, although it will be taller to rise to the top of the bitcoin table.
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